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March 10, 2020updated 11 Mar 2020 3:36pm

GPA Global and Hub Folding Box merge to improve supply-chain solutions

Chinese sustainable packaging specialist GPA Global and Massachusetts-based printer and producer Hub Folding Box have merged to form a larger global supply-chain solutions service.

By Jessica Paige

Chinese luxury consumer packaged goods and sustainable packaging and display specialist GPA Global and Massachusetts-based premium printer and folding box producer Hub Folding Box have merged to form a larger global supply-chain solutions service.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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The companies expect their combined assets to result in over $250m in annual revenue.

The leadership team will include GPA Global co-founders Adam Melton and Tom Wang alongside Hub Folding Box CEO Tony DiRico. Tony DiRico will also become a GPA Global board member and remain CEO of Hub Folding Box.

Hub Folding Box executive vice-president Jack DiRico will also become a shareholder in GPA Global.

Melton and Wang said: “GPA has always focused on sustainability and environmental considerations are at the heart of the GPA ethos, we’re pleased to be partnering with a company that has made a commitment to sustainability. As part of the GPA Global family, Hub will be a crucial addition to our US domestic offering while bringing that best-in-class manufacturing experience and know-how to achieve the highest possible quality and the most competitive pricing to meet the ever-changing needs of global brands.”

Tony DiRico said: “We are extremely excited to be part of the GPA Global family. It was important to our family that we found the right partner that wanted to build on our 102 plus years of success and innovation in a sustainable way. We wanted to ensure that our long-standing customer relationships would remain intact and, importantly, that our most cherished assets, our employees, would be part of the next generation of Hub.”

The transaction value has not been disclosed.

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Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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